Why Ethereum is on track to become the foundation of the global economy

Almost the entire digital asset economy is on Ethereum.

Around 95% of all protocol revenue across the crypto space accrues to Ethereum

Practically every major scalability project is on Ethereum, including every notable layer 2 project:

https://l2beat.com/scaling/summary

And this is just the beginning. Ethereum provides by far the most hope of making crypto ubiquitous, through all of the development that has happened, and is being planned, to make it more scalable, and make it suitable for stablecoins, like:

• Ethereum's original unique value proposition: Turing Completeness, which provides the computational versatility needed for efficient smart contracts for stablecoins
• the development of Rollups, which have reduced fees by 20X already, with more fee reductions expected: https://l2fees.info/
• the Merge, which opens the door to datasharding to be implemented in future upgrades, which in turn will increase Rollup scalability 100 fold
• EIP4844, which is expected to reduce Rollup fees by at least an order of magnitude.

All of these improvements are compounding, meaning by the completion of the final upgrade, Ethereum's maximum throughput will be 100,000 transactions per second, or 2,500X what it is with vanilla transactions. This is enough to onboard every retail transaction in the world and still charge fees well under $0.05 per transaction, and possibly under $0.01.